Teaching children about business may have the effects of inspiring inspiration, application of accountability, and boosting self-esteem among children. They are also able to master some of the important skills in life such as financial management skills as well as communication and time management skills in a very exciting and fun manner.
Here are ideas that can fit well for a kid who wants to be an entrepreneur while at the same time mastering these skills.
Lemonade Stand
A great example of a child-friendly enterprise, lemonade stands are valuable lessons in customer relations, advertising, and salesmanship as well as accounting. For instance, kids can try making some of their own recipes and determining prices for their products or learning how they can organize themselves in terms of the product.
Pet Sitting Dog Walking
Other business ideas that would interest animal-loving kids include pet sitting and dog walking for pet owners. If supervised by adults, children can offer services extending from pet sitting to taking care of neighbors’ and friends’ pets while they are on vacation or have too much work to do.
Arts and Crafts Sales
Children who like art can easily find ways of making something out of nothing and even make some cash out of it by selling arts and crafts. It can be homemade jewelry, art paintings, homemade cards among others this business idea fosters the creativity of the young and also makes them learn how to market their products to potential buyers.
Bake Sale or Cookie Business
Any child who fancies baking can open a cookie/bake sale business for them to engage in. They can experiment with various kinds of recipes or can even try the packing of their products and sell them to people during parties, festive seasons, or even nearby friends and relatives. This helps them learn the things in the budget, baking, and the customer service aspect.
Lawn Mowing and Gardening
Some of the errands that can be done by children within their communities include mowing lawns, raking leaves, and watering plants among others and all these are good ways through which children can earn some money while exercising. It is a very basic business concept that aids the kid to learn the importance of working hard, as well as instilling discipline in him/her.
Babysitting
As for older kids, one may enroll in a certified babysitting class to provide babysitting services at their homes to their friends and relatives. This job also instills concepts of responsibility, safety, and the necessity of communication and is one of the ways through which kids can earn while contributing towards the wellbeing of others.
Tutoring
They can for instance, if a child performs well in a certain class, undertake to tutor students in their class or even younger classes. This business idea not only assists in consolidating their knowledge but also in learning the skills of communication and teaching.
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Making and Selling Slime
Slime is a favorite product among children of this generation. Children who like to make different types of slimes should be allowed to sell them in school or in community functions or through online sales but under careful supervision.
The rules of this business can be summed up as ‘the more you try, the better; the more you market, the better’.
Recycling Service
It involves helping neighbors and friends sort their garbage and carrying their cans plastics and other recyclable materials to the recycling centers Children can start a small-scale recycling business by collecting recyclable materials within their community organizing them and dumping them at the recycling centers.
Well, it is an environmental business whereby children learn more about the environment and at the same time make money.
YouTube Channel or Podcast
If the child is provided with the relevant assistance and precautions are observed, kids can have their own YouTube channel or podcast on issues they have an interest in such as game playing, crafts, and cooking. This business idea principally falls under digital competency, innovation, and social skills.
Car Washing Service
For those children who can run and jump a lot, it will be useful for them to do neighbors’ and relatives’ car washing for money. It helps the pros of Sharky’s understand that success is a product of hard work and good service delivery.
Selling Home Baked Goodies
If your child likes arts and crafts such as making beading products that include bracelets, necklaces, or any item they like, they can sell them out and make a good profit. Traditional small contests or local fairs are perfect for selling children’s products, for example, via the Internet or in small stores.
Strategies in Social Media for Small Business
With older kids, you can ask them to take the social media of local businesses on condition that they are good at it. From developing content to moderating customer reactions on their account, this business idea is good for technical-savvy kids to practice’ while gaining insight into marketing.
Household Chores for Neighbors
Another business idea that kids can pursue which can be hugely lucrative for their little neighbors can be things like cleaning, washing, organizing a house, or doing the neighbors’ laundry. It will give them knowledge regarding responsibilities, working hard, and understanding customers.
Custom T-Shirt Printing
In case your child is interested in art and design or drawing, custom t-shirt printing is the perfect business idea. Interested parties can design custom shirts and easily obtain printing services to print out the shirts and sell them over the internet or at create fairs.
Takeaway
Young entrepreneurship makes children learn self-responsibility, communication skills, and basic knowledge of financial management.
It is a list of business ideas for kids which not only are entertaining but also provide children with an opportunity to develop important skills as well as earn their own money.
